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Trian Loses Shareholder Vote at DuPont–Update

By

David Benoit

and Jacob Bunge

May 13, 2015 6:00 am ET

Nelson Peltz’s quest to get on the board of DuPont failed to win the backing of shareholders. The fight had been a close one, with both sides for months courting shareholders ranging from mutual funds to mom-and-pop investors. Mr. Peltz’s investment firm, Trian Fund Management, had nominated Mr. Peltz and three others to DuPont’s 12-person board.